Tron (TRX) recently entered the top 10 cryptocurrencies list, pushing Cardano out of the top 10. A similar case is being predicted with the first hybrid platform, DTX Exchange (DTX), which is moving so fast that it can be on the list very soon as it is listed on centralized platforms.
This is confirmed by the Bitcoin Cash (BCH) and Tron (TRX) investors, who are moving their funds to the DTX Exchange because, in the next stage, the DTX token will be 33% appreciated from the current price of $0.06 to $0.08. This movement is also an effect of the recent event in these coins, which we are going to talk about ahead.
Bitcoin Cash (BCH) Rejects From 50-Period Moving Average
Bitcoin Cash (BCH) tried to break above the 50-period moving average and the $34 level after moving around 20% from the bottom. However, this attempt was short-lived as Bitcoin Cash faced another rejection, in line with the broader crypto market. However, it has retraced only around 3%; another downswing can occur if it breaks below the $325 level.
Since April 2024, Bitcoin Cash has seen a major drop, falling nearly 53% from a 52-week high of $719 to the current level of $335. Technical indicators suggest that breaking above $370 could trigger further gains for Bitcoin Cash.
Tron (TRX) Leads The Blockchain Revenue List
TRON (TRX) has led in blockchain revenue, generating an impressive $236.85 million, positioning it as a major player in the industry. Meanwhile, Ethereum remains the top platform for daily active users, with 360.84K users, thanks to its wide range of decentralized applications.
Although TRON (TRX) stands out for its revenue, Ethereum and Solana continue to dominate in user activity. Other platforms than TRON (TRX) are also progressing and contributing to the evolving blockchain landscape. This indicates that we are nearing a bull market, and investors are ready with their funds invested in high-growth coins like DTX Exchange.
DTX Exchange Ready To Lead In Bull Market
As Bitcoin Cash faces resistance and Tron (TRX) investors seek diversification, attention shifts to DTX Exchange and its ongoing presale, drawing significant interest. DTX Exchange offers a fresh solution to common issues traders encounter on traditional platforms.
With the global trading market expected to reach $16 billion by 2025, DTX’s innovative approach puts it in a strong position to capture a substantial share of this growing market.
Founded on simplicity, DTX Exchange presents modern instruments and a wide range of assets, thus making trading available for everyone. It has an obvious layout, so that in a few days, regardless of whether you are an experienced trader or a novice, you can learn about the market on the platform. DTX Exchange also guides you through educational sections so that you can understand its features, and this is how it creates a hassle-free trader experience.
Non-custodial wallets and KYC-free onboarding are key security features of this exchange. Customers are in control of their digital assets and can trade without the fear of any restrictions. Moreover, they can trade wherever they are, as their trading is both boundless and time-independent.
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